CLICK TO WATCH : ‘ INSTANTPAY ’ 51 a 1 % fee per month for using the service . “ Previse is very open about this , it ’ s a simple price that we outline very early in the process ,” says Christensen . “ If a company has 30 days of payment terms on a £ 100 bill , they can be paid instantly for a £ 1 fee . It ’ s as simple as that .”
Previse is growing fast . In just over three years it has amassed a strong network of large organisations that utilise its services . But what does the future hold ? There is close to US $ 125bn in B2B commerce in the world right now , a figure that will only continue to rise and so fixing the “ core problem ” will prove crucial in the years to come . Christensen hopes that Previse ’ s success will invite new entrants to the market . “ I ’ d be disappointed if we didn ’ t see any ,” he says . “ This is a ginormous market , it ’ s not winner-takes-all . There absolutely should be others as it will only further the conversation , allow us to offer improved services and ultimately fix that problem .”
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